Estimated Working Capital Adjustment Amount definition

Estimated Working Capital Adjustment Amount means an amount, which may be positive or negative, equal to (a) the amount of Working Capital set forth in the Estimated Closing Statement minus (b) the Target Working Capital.

Estimated Working Capital Adjustment Amount has the meaning set forth in Section 2.3(b).

Estimated Working Capital Adjustment Amount means (a) if the amount of the Estimated Closing Net Working Capital is greater than the Closing Net Working Capital Upper Collar, the dollar amount of such difference (expressed as a positive number) and (b) if the amount of the Estimated Closing Net Working Capital is less than the Closing Net Working Capital Lower Collar, the dollar amount of such difference (expressed as a negative number).

Examples of Estimated Working Capital Adjustment Amount in a sentence

• The items reflected in the Closing Statement shall be determined using the same principles, policies and methods used in connection with the determination of the Estimated Working Capital Adjustment Amount, except Current Liabilities and Current Assets shall be determined as of the Closing Date.

• The “Closing Payment” shall be equal to the Down Payment plus or minus the Estimated Working Capital Adjustment Amount.

• In all cases we will provide you with an electronic statement of the account at least every 6 months.You may request a copy of your account statement at any time.

• The Estimated Net Debt Amount, the Estimated Working Capital Amount and the Estimated Working Capital Adjustment Amount shall be used to calculate the Estimated Purchase Price, payable by Buyer pursuant to Section 2.03(b)(i).

• Promptly following the determination of the Working Capital Adjustment Amount, Seller shall refund to Buyer (in the case of a shortfall) or Buyer shall pay to Seller (in the case of an excess) the difference between the Working Capital Adjustment Amount and the Estimated Working Capital Adjustment Amount.

More Definitions of Estimated Working Capital Adjustment Amount

Estimated Working Capital Adjustment Amount which may be positive or negative, means the Estimated Closing Date Net Working Capital minus the Target Closing Net Working Capital.

Estimated Working Capital Adjustment Amount has the meaning specified in Section 2.05.

Estimated Working Capital Adjustment Amount means an amount (which may be positive or negative) equal to (i) if the Estimated Working Capital is greater than the Target Working Capital, an amount equal to the Estimated Working Capital minus the Target Working Capital (which such total, for the avoidance of doubt, will be a positive number), (ii) if the Estimated Working Capital is less than the Target Working Capital, an amount equal to the Estimated Working Capital minus the Target Working Capital (which such total, for the avoidance of doubt, will be a negative number), or (iii) if the Estimated Working Capital is equal to the Target Working Capital, zero ($0.00).

Estimated Working Capital Adjustment Amount means the Seller's reasonable estimation as of the Estimation Date of the total of the Closing Working Capital Amount less the Base Working Capital Amount. The Estimated Working Capital Amount shall be expressed in Sterling. For example, if the Closing Working Capital Amount is estimated at (pound)(3) negative and the Base Working Capital Amount is (pound)(5) negative, the Estimated Working Capital Adjustment Amount would equal (pound)2 positive;

Estimated Working Capital Adjustment Amount means (a) if the Estimated Working Capital is greater than the Target Working Capital, then the amount by which the Estimated Working Capital exceeds the Target Working Capital, which amount shall be expressed as a positive number, (b) if the Estimated Working Capital is less than the Target Working Capital, then the amount by which the Target Working Capital exceeds the Estimated Working Capital, which amount shall be expressed as a negative number or (c) if the Estimated Working Capital is equal to the Target Working Capital, then an amount equal to zero dollars ($0).

Estimated Working Capital Adjustment Amount means (a) the amount, if any, by which the Estimated Working Capital exceeds the Target Net Working Capital (which amount will be deemed to be a positive number) or (b) the amount, if any, by which the Estimated Working Capital is less than the Target Net Working Capital (which amount will be deemed to be a negative number).

Estimated Working Capital Adjustment Amount means a reasonable estimate of the Working Capital Adjustment Amount, determined by the Seller and certified by the Chief Financial Officer of Zymark, after the Buyer has had an opportunity to review and comment.